Investors wiling to do business in Cameroon should be versed with the services and offers of the Cameroon Investment Promotion Agency (CIPA).
The Cameroon Investment Promotion Agency (CIPA), is a parastatal institution with legal personality and financial autonomy with headquarters in Douala. CIPA fall under the technical supervisory authority of the Ministry in charge of the Promotion of Private Investments and the financial supervisory authority of the Ministry of Finance.
CIPA’s mission, in collaboration with other authorities, as well as other public and private bodies, is to contribute to the development and implementation of government policy in the field of investments promotion in Cameroon.
It is the agency responsible for the improvement of an enabling environment for investments in Cameroon by proposing measures to attract investors as well as improving the implementation of sectoral codes;
One of its missions is also to establish a database of projects for potential investors, and through this it promotes the image of Cameroon abroad.
Besides its missions, ClPA equally offers unmatched services to investors such as the reception, assistance and guidance of foreign and domestic investors at all stages involved in setting up their investment projects. It also receives and examines application files for approval under one of the schedules of the Investment Charter and the structuring projects schedule established by the General Tax Code.
Foreign investors who wish to do business in Cameroon but are facing difficulties obtaining the necessary visas for expatriate staff related to the execution of their investment programs and for the stay of their foreign personnel in Cameroon can benefit from assistance from the investment promotion agency.
CIPA helps in establishing, in collaboration with the relevant technical services, simplified administrative procedures for activities approved under the investment code, and ensures the follow-up, monitoring and implementation of commitments made by approved companies.
